NYSE:GTX - Garrett Motion Stock Price, Forecast & News

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion Inc (NYSE:GTX) announced its quarterly earnings results on Friday, November, 8th. The company reported $0.50 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.33. The company earned $781 million during the quarter, compared to the consensus estimate of $777.45 million. Garrett Motion had a net margin of 6.84% and a negative return on equity of 9.05%. The business's quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $12.54 EPS. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Garrett Motion.

Garrett Motion will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 equities research analysts have issued 1 year target prices for Garrett Motion's shares. Their forecasts range from $8.00 to $22.00. On average, they anticipate Garrett Motion's share price to reach $12.80 in the next year. This suggests a possible upside of 73.1% from the stock's current price. View Analyst Price Targets for Garrett Motion.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrett Motion.

News stories about GTX stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Garrett Motion earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Garrett Motion.

Garrett Motion saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,630,000 shares, an increase of 23.5% from the January 15th total of 1,320,000 shares. Based on an average daily trading volume, of 797,300 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.2% of the shares of the stock are sold short. View Garrett Motion's Current Options Chain.

Some companies that are related to Garrett Motion include Dorman Products (DORM), Meritor (MTOR), Gentherm (THRM), Veoneer (VNE), Delphi Technologies (DLPH), Standard Motor Products (SMP), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), American Axle & Manufact. (AXL), Tower International (TOWR), Tenneco (TEN), Modine Manufacturing (MOD), Lydall (LDL), Motorcar Parts of America (MPAA) and Cooper-Standard (CPS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), Home Depot (HD), CVS Health (CVS), Alibaba Group (BABA), Resideo Technologies (REZI), Verizon Communications (VZ), Procter & Gamble (PG), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Thermo Fisher Scientific (TMO).

Garrett Motion's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dynamo Internacional Gestao DE Recursos LTDA. (4.56%), Hawk Ridge Capital Management LP (2.10%), America First Investment Advisors LLC (1.52%), Goldman Sachs Group Inc. (1.49%), State Street Corp (1.41%) and Charles Schwab Investment Management Inc. (0.95%). Company insiders that own Garrett Motion stock include Craig Balis and Fabrice Spenninck. View Institutional Ownership Trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Dynamo Internacional Gestao DE Recursos LTDA., AQR Capital Management LLC, FMR LLC, Barclays PLC, CNH Partners LLC, First Trust Advisors LP and Bank of New York Mellon Corp. Company insiders that have sold Garrett Motion company stock in the last year include Craig Balis and Fabrice Spenninck. View Insider Buying and Selling for Garrett Motion.

GTX stock was purchased by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Goldman Sachs Group Inc., Cooper Creek Partners Management LLC, America First Investment Advisors LLC, Strs Ohio, Oxford Asset Management LLP, Charles Schwab Investment Management Inc. and Bank of America Corp DE. View Insider Buying and Selling for Garrett Motion.

Shares of GTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GTX stock can currently be purchased for approximately $7.40.

Garrett Motion has a market capitalization of $553.37 million and generates $3.38 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $4.05 on an earnings per share basis. Garrett Motion employs 7,500 workers across the globe.View Additional Information About Garrett Motion.

The official website for Garrett Motion is http://www.garrettmotion.com/.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at 41-21-695-3000 or via email at [email protected]